Cryptocurrency Analysis and News Portal
The U.S. Securities and Exchange Commission (SEC) has tweeted about investing in funds that hold bitcoin futures contracts. This has sparked optimism within the crypto community that the regulator may soon approve bitcoin exchange-traded funds (ETFs), especially those investing in bitcoin futures. Optimism Grows That SEC Will Approve a Bitcoin Futures
Read More
The last time bitcoin saw inflows this high was in May, when its price was about $58,500 on its way down from the all-time high of nearly $65,000 reached earlier in the year. Bitcoin’s price subsequently fell to as low as $29,000 in July, but has recently staged a fresh
Read More
Bitcoin jumped to a fresh five-month high early Monday, extending the two-week price rally even though Friday’s weak U.S. jobs report failed to dampen expectations for Federal Reserve (Fed) tapering in November. The market also turned a blind eye toward the data showing supposedly bearish positioning by leveraged funds in
Read More
Late last month, Chinese authorities ordered a fresh crackdown on crypto mining and outlawed virtually all crypto trading activities in what some defined as its toughest measures against crypto in years. During that time the market experienced a modest sell-off as bitcoin fell roughly 4.5% on the news, from around
Read More
Digital asset investment products attracted $90 million in new money in the seven days last Friday, the seventh straight week of inflows.Bitcoin-focused funds took in $69 million, according to a report published Monday by CoinShares. It was the third straight week of inflows for bitcoin funds, pushing the cumulative intake
Read More
The Nasdaq-listed cryptocurrency exchange Coinbase has disclosed that at least 6,000 users were victims of a hacking campaign to gain unauthorized access to the accounts of Coinbase customers. The hackers also took advantage of a flaw in Coinbase’s SMS Account Recovery process to gain access to user accounts. Cryptocurrencies of at
Read More
Evolve Funds has filed a preliminary prospectus with the Ontario Securities Commission (OSC) for an Evolve Cryptocurrencies exchange-traded fund (ETF).The Evolve Cryptocurrencies ETF gives investors “indirect exposure” to certain cryptocurrencies selected by an investment manager, weighted on a market cap basis and rebalanced monthly, the firm said in a press
Read More
sponsored According to the latest UN statistics, global money laundering transactions reach up to $2 trillion a year. A small fraction of that huge amount passes through the digital assets ecosystem, and responsible actors in it are working to bring that down even more. As the world’s leading cryptocurrency exchange,
Read More
Announced Wednesday, the license granted to SEBA by the Swiss Financial Market Supervisory Authority (FINMA) allows the firm to act as a custodian bank, and constitutes a new enabler of liquid investment funds with crypto, said SEBA Bank CEO Guido Buehler. Typically, crypto funds use alternative structures that come with
Read More
Bitcoin saw the largest inflows of any crypto investment product with a total of $50 million, also the most in three weeks, although bitcoin has experienced the brunt of negative investor sentiment over the last two quarters, the report said. Funds focused on the largest cryptocurrency by market value have
Read More